6016 Wayne CtFlower MoundTX75028
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Flower Mound at 6016 Wayne Ct, Flower Mound, TX, 75028 uses $269,747 cash to close to unlock $328/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $5,976/mo, and a $4,013/mo payment keeps the spread at $27/mo. Purchase price stands at $819,900, and rental yield measures 8.75% with $5,976/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $226,523 over five years. Five-year ROI reaches 105.69% and total cumulative return in cash records $285,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,976/mo property income covering a $4,013/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,628 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75028, Flower Mound, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,090 (100%) |
| Owner Occupied HU | 13,744 (76.0%) |
| Renter Occupied HU | 3,868 (21.4%) |
| Vacant Housing Units | 478 ( 2.6%) |
| Median Home Value | $534,344 |
| Average Home Value | $587,676 |
Housing Distribution
Address Breakdown
Residential
18,143
Single Family
15,492
Multi-Family
2,651
Businesses
1,107
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Listed by: Cami Hobbs Riley • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20591119
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.